Cliffs Natural Resources (CLF) PT Cut at Nomura Securities

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Go back to Cliffs Natural Resources (CLF) PT Cut at Nomura Securities

Casablanca Comments on Cliffs Natural (CLF) Stockholder Meeting Date

April 25, 2014 2:07 PM EDT

Casablanca Capital LP, (Casablanca) the beneficial owner of approximately 5.2% of Cliffs Natural Resources Inc. (NYSE: CLF), commented on Cliffs Natural Resources announcement that it will hold its annual meeting of shareholders on July 29, 2014, with shareholders of record as of the close of business on June 2, 2014 entitled to... More

Cliffs Natural Resources (CLF) Q1 'Mixed' - Nomura Securities

April 25, 2014 7:46 AM EDT

Nomura Securities analyst Curt Woodworth reiterated a Buy rating and $26 price target on Cliffs Natural Resources (NYSE: CLF) following Q1 results.

Woodworth commented, "Cliffs reported mixed 1Q-14 results, with strong performance in USIO offset by continued cost pressure in Canada and worsening... More

Cliffs Natural Resources (CLF) Posts Q1 Loss of 54c/Share

April 24, 2014 4:36 PM EDT

Cliffs Natural Resources (NYSE: CLF) reported Q1 EPS of ($0.54), which may not compare with the analyst estimate of ($0.15). Revenue for the quarter came in at $940 million versus the consensus estimate of $958.4 million.

The lower revenues were primarily driven by significantly decreased market pricing for iron ore and metallurgical coal, as well as a 2% decrease... More